GSSG Chikuden launches with US$400 million commitment from Vision Ridge Partners

Nguồn: https://www.energyglobal.com//energy-storage/17072025/gssg-chikuden-launches-with-us400-million-commitment-from-vision-ridge-partners/

GSSG Chikuden launches with US$400 million commitment from Vision Ridge Partners

Published by , Editorial Assistant
Energy Global,


GSSG Chikuden, LLC, a utility-scale battery storage developer dedicated to accelerating the Japanese energy transition, has launched its business with a US$400 million commitment from Vision Ridge Partners, a global sustainable real assets investor.

GSSG Chikuden will use the investment to support its development, construction, and operation of utility-scale battery energy storage systems (BESS) across Japan’s power grid.

GSSG Chikuden was established as a joint venture partnership between Vision Ridge and GSSG Solar, LLC, building upon their long-standing relationship and shared vision for advancing the global transition to sustainability. The GSSG Solar management team, which has committed capital to GSSG Chikuden alongside Vision Ridge, will operate the company, seeking to leverage its extensive boots on-the-ground experience, broad network, and history of energy project development across Japan’s power markets. GSSG Chikuden launches with an existing pipeline of development projects with secured grid interconnection rights and will look to opportunistically acquire projects to expand its reach.

Tomakin Archambault, Managing Partner and CEO of GSSG Solar, commented: “As demand for clean power continues to rise, we are proud to launch GSSG Chikuden with the goal of supporting the urgent need for reliable, grid scale energy storage infrastructure across the Japanese power market. We believe the commitment by Vision Ridge, a recognised investor with a history of backing BESS, helps validate our mission, strategy, and team. We look forward to deploying GSSG Chikuden’s regional expertise and technology to execute on the robust pipeline of development opportunities we see.”

Vision Ridge invested in GSSG Solar in 2014 and has since supported the company in its expansion and execution of solar energy project development opportunities across Japan. GSSG Chikuden will seek to benefit from Vision Ridge’s familiarity with its leadership team as well as the firm’s experience investing in and growing battery storage platforms. In 2018, Vision Ridge invested in Key Capture Energy, LLC, and supported the company in its evolution into a developer, owner, and operator of energy storage projects within the US until its sale to SK E&S Co., Ltd., a Seoul-based global clean energy solutions provider in 2021.

Reuben Munger, Managing Partner and Chief Investment Officer of Vision Ridge, concluded: “We are pleased to expand our decade-long relationship with GSSG Solar with the launch of GSSG Chikuden. We think battery storage assets form a crucial part of the emerging sustainable energy economy globally and are confident that GSSG Chikuden’s management team, project development experience, and regional relationships will enable it to deliver much-needed energy storage assets to the grid in Japan.”

 

 

For more news and technical articles from the global renewable industry, read the latest issue of Energy Global magazine.

Energy Global’s Summer 2025 issue

Dive into the latest renewable energy insights in the Summer issue of Energy Global, out now! This edition features a guest comment from Change Rebellion on the role real change management can play in the global energy sector before a regional report, which looks at energy trends and transformations across the Americas. Other key topics are also explored, including offshore support vessels, floating wind, weather analysis, and battery storage. Contributors include Ørsted, CRC Evans, Miros, Solcast, and more, so don’t miss out!

Read the article online at: https://www.energyglobal.com/energy-storage/17072025/gssg-chikuden-launches-with-us400-million-commitment-from-vision-ridge-partners/

You might also like

 

 

Embed article link: (copy the HTML code below):



Nguồn: https://www.energyglobal.com//energy-storage/17072025/gssg-chikuden-launches-with-us400-million-commitment-from-vision-ridge-partners/

Để lại một bình luận

Email của bạn sẽ không được hiển thị công khai. Các trường bắt buộc được đánh dấu *